Shaw and Partners

Disclaimer

This Website

This website ("the Shaw Website") is published by Shaw and Partners Limited (A.B.N. 24 003 221 583) ("Shaw"), participant of ASX Limited, Cboe Australia Pty Limited and holder of Australian Financial Services Licence No 236048, in good faith based on the facts known to it at the time of preparation and does not purport to contain all relevant information in respect of the financial products to which it relates. Any projections are estimates only and may not be realised in the future. Any projections are indicative estimates only and may not be realised in the future. Such projections are contingent on matters outside the control of Shaw (including but not limited to market volatility, economic conditions and company-specific fundamentals) and therefore may not be realised in the future. Past performance is not a reliable indicator of future performance. Except to the extent that liability under any law cannot be excluded, Shaw disclaims liability for all loss or damage arising as a result of any opinion, advice, recommendation, representation or information expressly or impliedly published in or in relation to this report notwithstanding any error or omission including negligence.

Disclaimer

All reports published by Shaw are published in good faith based on the facts known to it at the time of preparation and do not purport to contain all relevant information in respect of the Financial Products to which they relate. Any projections are estimates only and may not be realised in the future. Shaw prepares reports for multiple distribution and without consideration to the investment objectives, financial situation or particular needs (“Objectives”) of any individual investor. Accordingly, any advice given is general advice and is not a recommendation that a particular course of action is suitable for any particular person and is not suitable to be acted on as investment advice. Readers must assess whether or not the advice is appropriate to their Objectives before making an investment decision on the basis of this report. Readers can either assess the advice themselves or if they require a recommendation personal to them, they should seek the help of their Shaw private client advisor.

All research has been prepared for the use of clients of Shaw and Partners Limited and its wholly owned subsidiaries and must not be copied, either in whole or in part, or distributed to any other person. If you are not the intended recipient, you must not use or disclose the information in any research in any way. Nothing in this research will be construed as a notification to buy or sell any Financial Products, or to engage in or refrain from engaging in any transaction in a Financial Product. All research is based on information obtained from sources believed to be reliable but in stating so Shaw does not make any representation or warranty that it is accurate, complete or up to date.

Shaw accepts no obligation to correct or update the information or opinions within the Shaw Website. Any persons relying on the above information do so at their own risk. Except to the extent that liability under any law cannot be excluded, Shaw disclaims liability for all loss or damage arising as a result of any opinion, advice, recommendation, representation or information expressly or impliedly published in or in relation to the Shaw Website notwithstanding any error or omission including negligence. Shaw will charge commission in relation to client transactions in Financial Products and Shaw private client advisors will receive a share of that commission.

Shaw, its associates and their respective officers and employees may earn fees and commission from underwriting Financial Products and may act as principal in respect of or otherwise have interests in particular Financial Products. For further information or to discuss any particular Financial Product please contact your Shaw private client advisor.

Analyst Independence

Any research analyst who prepares a document within the Shaw Website hereby certifies that the views expressed in that document accurately reflect the analyst's personal views about the subject company(s) and their Financial Products. The research analyst also certifies that the analyst has not been, is not, and will not be receiving direct or indirect compensation for expressing the specific recommendations or views in that report.

Shaw and Partners

The information and opinions expressed on the linked websites are not necessarily prepared by Shaw and do not represent the opinions of Shaw. Be advised that while Shaw may advertise various products for sale on this website from time to time, and may accept payments for this advertising, this should not be taken as endorsement of the product.

Website Links

The Shaw Website may contain links or advertisements for other websites operated by entities other than Shaw. Shaw has no control over the information on these websites or the products or services on them, and therefore makes no representations regarding the accuracy of the information, services, or products described on them. You are advised to make your own enquiries in relation to third parties described or linked on this website. Inclusion of a link to a third party website should not be construed as that party’s endorsement of this website.

By linking to websites operated by third parties, Shaw is not authorising the reproduction of any material on such websites, as such material may be the subject of intellectual property rights.

Shaw is either the owner or licensed user of the copyright in the material on this website. You may not reproduce, adapt, link, frame, broadcast, distribute or in any way transmit the material on this website without the written consent of Shaw, other than to the extent necessary to view the material or as permitted by law.

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This website is committed to providing the highest quality of news, information and financial services within a trusted environment. Please read the Privacy Policy to understand how your personal information will be treated when you use this website.

Disclaimer: Shaw and Partners Limited (ABN 24 003 221 583) is a participant of Participant of ASX Limited, Cboe Australia Pty Limited and holder of Australian financial services licence number 236048 ("Shaw"). This email message is confidential and may be privileged. Unauthorised use, copying or distribution of any part of this email including attachments is prohibited. If you are not the intended recipient please forward the email to [email protected] and delete the original. Shaw does not guarantee the integrity of any emails or attached files (together the "document"). The views expressed are the author's own and may not reflect the opinions of Shaw. The document has been prepared without taking into consideration any investor's financial situations, objectives or needs. Accordingly before acting on the advice in this document, if any, you should consider its appropriateness or discuss it with one of our authorised representatives. Shaw has made every reasonable effort to ensure the information provided in this document is correct, but cannot make any representation nor warranty as to the accuracy, completeness or currency of that information. To the extent permissible by law Shaw accepts no responsibility for any errors or misstatements, negligent or otherwise. Shaw does not accept any responsibility to inform you of any matter that subsequently comes to its attention, which may affect any of the information contained in this document. Please note that Shaw, its associates, officers and employees may also have interests in the financial products referred to in this document by acting in various roles. They may undertake transactions in those financial products as principal or agent which are not consistent with any advice in this document, if any. Shaw or its authorised representatives may also receive fees or brokerage from dealing in financial products.